Each Bitcoin transaction uses 4,200 gallons of water — enough to fill a swimming pool — and could potentially cause freshwater shortages (www.tomshardware.com)

submitted 9 months ago by throws_lemy@lemmy.nz to c/technology@lemmy.world

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[-] supert@lemmy.sdfeu.org 1 points 9 months ago

Mining is validation through POW. Eth is almost pointless from the point of view of bitcoin as proof of stake is "who has the gold makes the rules".

[-] fruitycoder@sh.itjust.works 1 points 8 months ago

PoW is inherently unavailable while also a system of dimmishing returns. PoS is bad IMHO too, but from a sociopolitical aspect and not from tech standpoint.

this post was submitted on 03 Dec 2023

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